### Pension Calculation - Sample Sheet

Pension Calculation - Sample Sheet

 (  G.O. 788 Fin 13.05.1986, 134179 / 91-1 Fin 27.12.1991, 140549/92-4 Fin 02.07.1993 ) (814 Fin 30.09.1994) 1 Name A B C 2 Designation of post from which retired X Y Z 3 Department/Office last served P Q R 4 Date of Birth 20.09.1942 5 Date of Commencement of service 10.04.1965 Date of Superannuation/ retirements 30.09.2000 6 Rules under which pensionary benefits T.N. Pension Rules were settled 7 Qualifying Service (See para 3.9 Part III) 30.09.2000 -- 10.04.1965 D   M  Y 20.05.35 1. Addition to Qualifying Service Nil 2. Period of Service not Qualifying for pension With reasons not Qualifying Nil 20.05.35 8 Emoluments drawn during the last 10 Scale of pay Rs.4500--125--7000 months and Scale of pay preceding 01.07.1999   Rs.5875+SplPay50+PP50 retirement/superannuation(Pay, Special 01.07.2000   Rs.6000+   "       50+  "  50 pay, D.P.Allowance,Personal pay, D .Pay, Interim relief) 9 Computation of Average emoluments on 5975 X7     =  41825 which pension is fixed 6100 X3     =  18300 60125 Average Emoluments  Rs.6012.50 Pay Last drawn            Rs.6100 Pay last drawn being advantageous it has to be adopted             Rs.6100 10 i) Total amount of Pension 6100 X 50 / 100  =       Rs.3050 ii) Family Pension Admissible a) Ordinary rate of Family Pension: Pay last drawn X 30% subject to Min.1275 Max 6570 6100 X 30%       =        Rs.1830 b) Enhanced rate of Family Pension 50% of pay last drawn and not exceeding pension admissible on date of retirement Min.1275 Max.6570 Nil 11 Details of Commutation of Pension i) Percentage amount of monthly pension commuted           40% ii) Amount of Commuted value of pension (Age Next birthday 59 years 10.46 Yrs purchase) {3050 X 40 / 100} X 10.46 X 12 = Rs.1,53,135 12 Computation of D.C.R.Gratuity Actual Service 35 years (Emoluments=PAY+D.A) 5 months restricted to 33 years for Gratuity Pay 6100, D.A.@41%(as on 1.7.2000) 2501=86018601 X 16 1/2 =  Rs.1,41,917 13 Amount of D.C.R.Gratuity Rs.1,41,917 14 Remarks

Source : http://www.tn.gov.in/

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